Question
Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $244,000; costs = $144,000; other expenses = $7,900; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $244,000; costs = $144,000; other expenses = $7,900; depreciation expense = $18,000; interest expense = $13,200; taxes = $21,315; dividends = $10,000. In addition, youre told that the firm issued $4,700 in new equity during 2011 and redeemed $3,200 in outstanding long-term debt.
a. What is the 2011 operating cash flow?
Operating cash flow_______$
b. What is the 2011 cash flow to creditors?
Cash flow to creditors______$
c. What is the 2011 cash flow to stockholders?
Cash flow to stockholders_________$
d. If net fixed assets increased by $30,000 during the year, what was the addition to NWC?
Addition to NWC________$
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